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Axon Surpasses Q1 Expectations and Raises 2025 Revenue Forecast

The public-safety technology leader delivered strong earnings, boosted guidance, and announced significant capital investment plans, driving a 7% after-hours stock surge.

Overview

  • Axon reported Q1 2025 revenue of $603.6 million, exceeding analyst expectations of $589.1 million.
  • Adjusted earnings per share came in at $1.41, beating the $1.27 average estimate from analysts surveyed by LSEG.
  • The company raised its full-year 2025 revenue forecast to $2.60–2.70 billion, up from $2.55–2.65 billion.
  • Capital expenditures for 2025 are projected at $160–180 million, excluding costs related to a new headquarters.
  • Axon’s stock jumped over 7% in after-hours trading, capping a 91% increase over the past 12 months.